MetaMask Added Aave's $aUSDC to Its MetaMask Card. Spend Your Yield-Bearing Tokens

MetaMask already had its MetaMask Card in place. You could spend $USDC, $USDT, $WETH, $EURe and $GBPe on the Linea network.

MetaMask Card is already offering spending in $USDC, $USDT, $WETH, $EURe and $GBPe on the Linea network. But now it adds Aave $USDC. A new integration allows users to spend $aUSDC to pay with MetaMask Card — and earn interest right up to the moment of purchase.

What Is Happening With the Metamask Card and $aUSDC?

MetaMask Card is already offering spending in USDC, USDT, WETH, EURe and GBPe on the Linea network. However, now it added Aave USDC (aUSDC). That’s big news for DeFi. It allows you to earn yield on your aUSDC, until the moment you spend it.

Here’s how this works,

This way, you put your USDC to work and you can earn a passive income. Now, if you’re interested in such a MetaMask Card, there’s an early access option.

However, be aware that currently the card is only available in a few countries. For now, these are,

But a global rollout is in the planning. If you live in one of these territories, you can sign up and start spending your USDC. Currently, Apple Pay and Google Pay are available. You can also join a waitlist, to stay updated for more rollouts.

MetaMask Metal Card

A physical Metal MetaMask Card is also coming soon. This will also start with a limited drop. You can also join a waitlist for this Metal MetaMask Card. Wherever they accept Mastercard, you can use the MetaMask Card. Either in real life or online.

One feature is that you can set spending limits. You can also choose the available tokens in your wallet that you want to use for payments. Once you make a transaction, the card converts your tokens into fiat. However, in the US, you can only use $USDC and $aUSDC.

There are no annual or maintenance fees. However, when you use $USDC or $USDT you need to pay the Linea gas fees, which are typically 2 cents per transaction. For non-stablecoin transactions, there’s a swap fee of 0.875%.